Article contentAs announced on June 9, 2026, the Company agreed to grant 4,000,000 restricted share units (“RSUs”) to Mr. Kendall. In connection with the conclusion of his engagement, the number of RSUs granted has been pro-rated to reflect the portion of the 90-day term served, and has accordingly been reduced from 4,000,000 to 2,000,000 RSUs. Each RSU entitles the holder to receive one Class A Subordinate Voting Share of the Company upon vesting, which is scheduled to occur on the date that is 12 months following June 9, 2026. RSU grants are under the Company’s omnibus security-based compensation plan and are subject to acceptance by the TSX Venture Exchange (the “TSXV” or the “Exchange”), available capacity under the plan, applicable participant limits and other requirements of TSXV Policy 4.4, applicable securities laws and, if required, disinterested shareholder approval. Mr. Kendall will also continue to provide advisory consulting services to the Company, maintaining his eligibility under the plan pending vesting of the RSUs.